Non-Profit Accounts

Endowments

An endowment fund is an investment fund established that has withdrawals from the fund for specific uses. Non-profit organizations like universities, hospitals and churches often use an endowment fund to advance their wishes and goals. Endowment funds are usually funded by donations from many sources that are deductible for the donors. Most endowments are designed to keep the principal amount intact while using the investment income from dividends for charitable efforts. We help organizations strike an important balance between short-term spending needs and long term investment growth.

Individuals who oversee the endowment serve as investment stewards and have a fiduciary responsibility to the endowment. Many people are not aware of their fiduciary responsibilities and are not sure what is required of them. We help investment stewards incorporate Best Practice Standards into their processes.

IWM can help assist your organization establish an Investment Policy, and manage your investment funds. Endowments fall under the rules and regulations of the Uniform Prudent Management of Institutional Funds Act (UPMIFA) with oversight from the State Attorney General.

Foundations

Managing a foundation is not an easy task. Foundations are usually established for charitable purposes by an individual or a family. Foundations are established with an amount of money and no further money is generally added.

We partner with institutions to provide education and support to executive leadership through presentations and meetings. We help organizations organize, formalize, implement and monitor the investment process. Foundations fall under the rules and regulations of the Uniform Prudent Management of Institutional Funds Act (UPMIFA) and the State Attorney General.

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Intermountain Wealth Management is a Registered Investment Advisor. The company manages several fee-based portfolios comprised of various equity and fixed-income securities. Opinions are based on historical research and data believed to be reliable. There is no guarantee results will be profitable. This website may include forward-looking statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we give no assurance that such expectations will prove to be correct. Please consider investment objectives, risk, charges and expenses carefully before investing.